FEATURED ARTICLES ABOUT TRANSMISSION - PAGE 4

MUMBAI: Repo rate cut has had limited transmission in past actions by the Reserve Bank of India , further limiting the scope for lower borrowing rates for the ultimate borrower. " The transmission of rate cuts remains challenging. " Said a report by Nomura Securities . " Excluding yesterday's 25bp cut, the 75bp repo rate cut has so far only translated into a 30bp reduction in lending rates and a 25bp decline in deposit rates. " It added. Nomura attributes it to a combination of factors such as credit growth outpacing deposit growth and elevated government cash balances has tightened liquidity, which has forced banks to chase deposits, raising their funding costs and impacting their ability to cut lending rates.

NEW DELHI: India will allow private firms to enter the gas transmission business, rejecting a demand for monopoly by the state-run Gail India, the oil minister said on Thursday. "This will encourage competition and larger investment in this sector which will ultimately benefit the consumer," Mani Shankar Aiyar told Parliament. Gail was opposed to the entry of the private sector in the gas transmission business, saying it would "hamper smooth operation of pipelines and growth opportunities for Gail in the sector," he said.

SILIGURI: Nepal with high hydropower potential and its neighbor India with high power demand have agreed to significantly boost up trans-border power transmission line to conduit the excess power from new hydro projects in West Nepal to India. A new World Bank loan sanctioned recently will facilitate early completion of the capacity augmentation project. The planned immediate capacity augmentation is for at least 1000MW. In addition to the long planned Butwal in West Nepal to Gorakhpur in India line, There are simultaneous plans to construct three other cross-border transmission lines from Butwal-Gorakhpur, Duhabi-Purniya, Anarmani-Siliguri or Dhalkebar to Mujaffarpur.

NEW DELHI: Entertainment channel Comedy Central today filed an appeal in the Delhi High Court against a single judge order upholding the Centre's decision to stop its transmission for ten days for airing "obscene" dialogues and "vulgar" words besides being derogatory to women. Filing the appeal before the bench of Chief Justice D Murugesan and Justice Jayant Nath, the channel said prohibition of transmission will cause "irreparable" loss and damage its popularity. The bench, which could not take up the matter due to lawyer's strike in the high court, has fixed the matter for hearing tomorrow.

NEW DELHI: In a bid to encourage competition and attract private investment in the sector, the Power Ministry has set up a core group of experts to identify transmission projects that would be taken up by private firms. The Empowered Committee, headed by Central Electricity Regulatory Commission member Bhanu Bhushan, would also select the developer for the projects through a tariff-based competitive bidding process, a government official told the agency. Other members of the committee are Central Electricity Authority Member (Power Systems)

NEW DELHI: Taking forward the agreement between India and Bangladesh to set up a power transmission link, Ministries of Power of the two nations on Tuesday finalised details and said the 130-km link would be established at a cost of Rs 882 crore. "We have decided to set up a power transmission link between India and Bangladesh to be operational in two years time or by July 2012 at an estimated cost of about Rs 882 crore," Power Secretary HS Brahma told reporters on Tuesday.

NEW DELHI: Electricity tariffs may change as power sector regulator CERC will soon announce new parameters determining the cost of generation and transmission for thermal power projects. Now the power industry, as a thumb rule, considers Rs 4 crore per MW for determining the cost of projects and tariffs are determined based on this and transmission expenses. According to a senior Central Electricity Regulatory Commission (CERC) official, this has no legal sanction and the new proposed norms would be technology- and fuel-sensitive and would be decided keeping in mind the unit size.

MUMBAI: Maharashtra Electricity Regulatory Commission has directed the MSEB and Tata Power Company to provide the use of their transmission facilities to Reliance group power utility BSES to the extent of surplus capacity available with them. In an order on BSES' application for directing TPC and MSEB to provide open access to BSES on their transmission and associated facilities, MERC said in its order on Thursday that such use would be limited to the sourcing of power by BSES from any bulk licensee or their own generating stations within or outside the state.

NEW DELHI: Jolted by the worst-ever blackout, the government is mulling setting up separate electricity transmission islands for essential services like Railways and Airports, besides major cities to insulate them from any similar crisis in the future. Power Secretary P Uma Shankar said, "Some of the areas would be insulated from these kind of incidents, we are looking at that...they may be based on geography or services, we are looking into it. " "We are working on whether we can have separate kind of (transmission)

NEW DELHI: The Delhi High Court today upheld the Centre's decision to stop for 10 days transmission of entertainment channel Comedy Central for airing shows having "obscene" and "vulgar" dialogues besides being derogatory to women, observing these may influence the future generation. A bench of Chief Justice G Rohini and Justice Rajiv Sahai Endlaw , while dismissing the appeal, also imposed a cost of Rs 20,000 payable to the Centre. Comedy Central had approached the division bench against a single judge order upholding the Centre's decision to stop its transmission for 10 days.